Resolute Industrial

Wheeling, United States Founded: 2005 • Age: 21 yrs Acquired By Aggreko
Cooling, HVAC, and compressor equipment are rented and remanufactured.
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About Resolute Industrial

Resolute Industrial is a company based in Wheeling (United States) founded in 2005 was acquired by Aggreko in December 2022.. Resolute Industrial has completed 5 acquisitions, including All American Portable Air, American Equipment Group and Mobile Air & Power Rentals. Resolute Industrial offers products and services including Compressor Remanufacturing and HVAC Rentals.

  • Headquarter Wheeling, United States
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Resolute Industrial
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $17.3 M (USD), Debt – Conventional

    Aug 16, 2018

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Aggreko

    & 2 more

    (Dec 24, 2022)

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Products & Services of Resolute Industrial

Resolute Industrial offers a comprehensive portfolio of products and services, including Compressor Remanufacturing and HVAC Rentals. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Remanufacturing of compressors is conducted to provide reliable industrial solutions

Rentals of HVAC equipment are supplied to address temporary industrial and climate control needs

People of Resolute Industrial
Headcount 200-500
Employee Profiles 11
Employee Profiles
People
Soulby Jackson
Chief Information Officer
People
Sara Dowdy
Human Resources Generalist
People
Shelby Sotres
Human Resources Manager
People
Kristina N.
Accounts Receivable Manager

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Funding Insights of Resolute Industrial

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $17.3M
  • First Round

    (16 Aug 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2018 Amount Debt – Conventional - Resolute Industrial Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Resolute Industrial

Resolute Industrial has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include One Equity Partners, Aggreko and Stellus Capital Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private debt fund focused on aerospace, services, consumer, distribution, education, industrial, and multiple sectors
Founded Year Domain Location
Private equity investments are made in North America and Europe.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Resolute Industrial

Resolute Industrial has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include All American Portable Air, American Equipment Group and Mobile Air & Power Rentals. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of industrial equipment services
2015
Event rental management services are provided for various occasions.
2007
Provider of a digital library of public domain eBooks and audio books
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Resolute Industrial

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Resolute Industrial Comparisons

Employees
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Competitors of Resolute Industrial

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Resolute Industrial

Frequently Asked Questions about Resolute Industrial

When was Resolute Industrial founded?

Resolute Industrial was founded in 2005 and raised its 1st funding round 13 years after it was founded.

Where is Resolute Industrial located?

Resolute Industrial is headquartered in Wheeling, United States. It is registered at Wheeling, West Virginia, United States.

What does Resolute Industrial do?

Resolute Industrial was founded in 2005 and is based in Wheeling, United States. Rental and remanufacturing services for cooling, HVAC, and compressor equipment are offered within the industrial sector. Operations center on providing access to specialized machinery for various applications, with a focus on reliability and maintenance. The companys domain, resolute-industrial.com, supports these activities across the region.

What products or services does Resolute Industrial offer?

Resolute Industrial offers Compressor Remanufacturing and HVAC Rentals.

How many acquisitions has Resolute Industrial made?

Resolute Industrial has made 5 acquisitions, including All American Portable Air, American Equipment Group, and Mobile Air & Power Rentals.

Who are Resolute Industrial's investors?

Resolute Industrial has 4 investors. Key investors include One Equity Partners, Aggreko, Stellus Capital Management, and AE Industrial Partners.

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